Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Fall From a Pilot Ladder Investigation Highlights Health Concerns

Fall From a Pilot Ladder Investigation Highlights Health Concerns

Survey: EU Citizens Demand Strong Reform of Live Animal Transport

Survey: EU Citizens Demand Strong Reform of Live Animal Transport

Methanol-Fueled CMA CGM Monte Cristo Delivered

Methanol-Fueled CMA CGM Monte Cristo Delivered

Inland Waterways Infrastructure: The Time is Now

Inland Waterways Infrastructure: The Time is Now

Subscribe for Maritime Logistics Professional E‑News

Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
Defence stocks dip on Ukraine peace hopes, but Ukraine-exposed stocks rise
Trump says Greenland agreement framework has been reached, and rules out tariffs